The failure of U.S.net exports to improve dramatically in the mid-1980s despite the weakening of the dollar suggests that

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Quizplus · Accepted Answer

The failure of U.S. net exports to improve significantly in the mid-1980s, despite the weakening of the dollar, can be attributed to a combination of factors. These include the inelastic supply of competitive goods by U.S. industries, the impact of LDC debt repayment schedules and lack of financing on U.S. exports, and the maintenance of fixed exchange rates by NCIs vis-a-vis the dollar, all of which contributed to keeping U.S. exports low.

The Failure of U